In today’s society, employee wellbeing and mental health are becoming increasingly important subjects. Many employees now expect wellbeing to be a top priority for their employer. In fact, focusing on staff health and happiness can be key to retaining your workforce.
But what exactly is employee wellbeing? And is it really as important as it’s made out to be? Let’s find out...
What is employee wellbeing?
A focus on employee wellbeing means striving to ensure that your staff remain happy and motivated at work. This covers both physical and mental wellbeing, and can be supported by a variety of different methods such as office design, wellbeing initiatives and your company culture.
For any business, employee health and wellbeing is a vital element of success. Putting your people first helps to inspire productivity and loyalty.
Mental health is impacting the workforce
A government review reported by The Guardian found that up to 300,000 people in the UK lose their jobs every year due to mental health-related issues. Not only is this costing the economy an estimated £99 billion a year, it also means that the workforce is shrinking.
As an employer, you have a duty of care to your staff, which includes their mental wellbeing as well as their physical health and safety. To counter this trend, employee wellbeing programs are becoming a key focus for many employers.
Wellbeing is working
In 2017, 45% of UK businesses had implemented their own structured employee wellbeing strategies. For many employers, implementing employee wellbeing solutions has not only been a moral imperative, but provided them with other benefits too.
Wellbeing programs often lead to an increase in production amongst employees, as well as a boost in staff morale. Focusing on your employees’ wellbeing will set a positive work environment too, and boost staff engagement. It’s because of such benefits that spending on wellbeing is expected to quickly rise amongst businesses.
A shift in focus
When employee wellbeing programmes first came on to the corporate scene, the primary focus was on physical health such as weight loss. However, employee wellbeing programs are now growing to support both physical and mental health issues.
But that’s not the only shift in focus. Wellbeing programs are also beginning to include career development efforts as well as traditional wellbeing initiatives. This combination of wellness and career development is helping to create supportive and positive work environments for employees, and lets them know their employers do care for their staff.
A more personalised approach
As employee wellbeing continues to grow, it’s becoming more apparent that there is no “one-size-fits-all” solution to wellness. Every employee has different health issues that they view as important, and what works for one might not work for another, so their treatment needs to be unique.
That’s where personalised wellbeing experiences come into play. To create more personalised experiences for their employees, more businesses are beginning to use digital platforms for the wellness programs. For example, providers such as Lifeworks offer a unified total wellbeing platform that is proactive and personalised, based on your employees’ individual needs. In turn, this personalisation boosts employee participation with wellbeing initiatives.
Copyright 2019. Featured post made possible by Edwin Owusu-Peprah of LifeWorks.